Scorpions reveal Turkish start-ups’ new vigour

In one of the more unique assignments I’ve received in Turkey, I snapped photos of Sanliurfa scorpions being “milked” for venom at a lab in Eskisehir Osmangazi University. It was for a report on angel investment by The Financial Times’ Turkey correspondent Laura Pitel, who wrote:

“Turkey’s angel investment scene has expanded rapidly in recent years thanks to improved government incentives. In 2013, the country received €14.7m in angel investment, according to the European Trade Association for Business Angels. In 2017, the figure reached €52.3m – the fifth highest in Europe.

Elmira Bayrasli, a professor at New York’s Bard College who has championed angel investment in Turkey, said she was encouraged by the growth in science ventures, rather than simply more of the “ecommerce clones” that dominated the Turkish start-up landscape in its early years by copying the likes of eBay and Amazon.”

Read the full article here: